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Tengku Zafrul: ASEAN can expand intra trade via EV industry

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KUALA LUMPUR: The Association of Southeast Asian Nations (ASEAN) can boost its intra-trade through collaborations in the electric vehicle (EV) industr...

: The Association of Southeast Asian Nations can boost its intra-trade through collaborations in the electric vehicle industry, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

“ASEAN has a population of over 680 million, or approximately 8.5 per cent of the total global population. Investments in Malaysia's EV industry have reached RM26.2 billion ringgit from 2018 to March 2023, and the number of registered EVs rose to more than 7,500 units as of September 2023 from over 3,400 last year.

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